Sinomach Precision Industry Group Co Ltd. Stock Analysis 002046.SZ

Sinomach Precision Industry Group Co., Ltd. is engaged in the manufacture and sale of bearing products. The company is headquartered in Zhengzhou, Henan and currently employs 2,486 full-time employees. The company went IPO on 2005-05-26. The firm operates its business through four segments. The Bearing segment is mainly engaged in the research, manufacturing and sales of bearings and related components. The Abrasives and Grinding Tools segment is mainly engaged in the research, manufacturing and sales of abrasives, grinding tools and related new materials. The Supply Chain segment is mainly engaged in supply chain management and trading services. The Other Management segment is mainly engaged in management and supporting services. The firm's products and solutions are mainly applied in aerospace, defense equipment, electronic information, new energy, high-end machine tools and automotive industries.